Costco JFK
A mixed-use property in Lawrence, New York. Securitized in 1 CMBS deal in 2017.
$67.0MAppraised value (latest deal)
100.0%Occupancy
$3.2MUnderwritten NOI
4.8%Implied cap rate
- Address
- 605 Rockaway Turnpike, Lawrence, NY 11559
- Property type
- Mixed Use · Retail/Medical Office
- Year built
- 1993
- Size
- 149,384 SF
- Sponsor
- Gary Barnett
- Loan purpose
- Acquisition
- Largest tenant
- Costco
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| CD 2017-CD6 | 2017-11-30 | $67.0M | 100.0% | $3.2M | 4.8% | $35.0M | 52.2% | 2.56x | 424B |
More CMBS properties in New York →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.